finance · Forbes ↗

Saylor’s Strategy Sells Over $100 Million in Bitcoin

Forbes Published Aug 3, 2026 Reviewed Aug 3, 2026 ✓ Reviewed by citations.press editors

Strategy raised $104.7 million by selling 1,638 bitcoin last week.

104.7 million · Strategy1638 bitcoin · Strategy SEC filing, filing

Strategy sold bitcoin at an average price of $63,957.

63957 dollars · Strategy SEC filing, filing

Strategy disclosed $290.6 million in proceeds from selling about 3 million shares of its common stock.

290.6 million · Strategyabout 3 shares · Strategy SEC filing, filing

Strategy now says it holds $4 billion in reserves, up from $3.2 billion last month.

4 billion · Strategy3.2 billion · Strategy Michael Saylor, founder

Strategy still holds 842,138 bitcoin, which it purchased at an average price of $75,419.

842138 bitcoin · Strategy75419 dollars · Strategy SEC filing, filing

Bitcoin was priced just under $63,000 as of Monday morning.

less than 63000 dollars · bitcoin SEC filing, filing

In June, Strategy disclosed a $101.3 million bitcoin purchase at an average price of $65,332.

101.3 million · Strategy65332 dollars · Strategy SEC filing, filing

Bitcoin reached an all‑time high price of $126,080 last October.

126080 dollars · bitcoin article, report

Strategy’s stock traded at $93.94 per share on Monday morning.

93.94 dollars · Strategy stock SEC filing, filing

Strategy’s share price has fallen more than 40% in 2026 so far.

more than 40 percent · Strategy share price article, report

Michael Saylor’s net worth is estimated at $3.2 billion.

3.2 billion · Michael Saylor article, report

Cryptocurrency billionaire Michael Saylor’s Strategy raised $104.7 million by selling 1,638 bitcoin last week, according to disclosures in a Securities and Exchange Commission filing on Monday, boosting the firm’s cash reserves as the price for its primary cryptocurrency asset remains low.

Strategy sold the bitcoin at an average price of $63,957, according to the SEC filing on Monday—days after the company said it was discussing plans to sell around $5 billion worth of the cryptocurrency to build cash reserves and fund stock repurchases.

The company also disclosed $290.6 million in proceeds from selling about 3 million shares of its common stock.

The bitcoin treasury company still holds 842,138 bitcoin, which it says it purchased at an average price of $75,419—while the digital asset is priced just under $63,000 as of Monday morning.

Strategy now says it holds $4 billion in reserves, up from $3.2 billion last month, Saylor previously announced.

The company’s stock was up very slightly on Monday morning, trading at $93.94 per share—although the company’s share price remains down over 40% in 2026 so far as the price for its primary asset declines.

We estimate Michael Saylor’s net worth at $3.2 billion, a fortune primarily derived from MicoStrategy, the software company he founded in the 1990s. Saylor lost his status as a billionaire after the dot-com bubble burst, but rebuilt his wealth through investments in bitcoin over the last decade. He also reoriented his company into becoming a bitcoin treasury, officially renaming it “Strategy” and launching a rebrand that features the digital currency in 2025.

Strategy in June disclosed a $101.3 million bitcoin purchase, at an average price of $65,332.

$126,080. That’s the all-time high price for bitcoin, which the digital asset reached last October. The cryptocurrency’s price has plummeted in the months since.

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